On 17 Sep 2019, Mapletree Industrial Trust announced to raise at least $350m from private placement to fund data centre buy, via private placement of 158.3 million new units at an issue price of $2.211 to $2.265 per unit.
“MIT delivered higher DPU in FY16/17 amid the uncertain business environment as all property segments registered higher rental rates coupled with initial contribution from Phase One of the BTS development for Hewlett-Packard and lower property expenses. We expect the Hi-Tech Buildings segment to be a significant growth driver as we progressively complete development projects including the recently announced BTS data centre which has commenced construction.”
Mr Tham Kuo Wei, Chief Executive Officer
- 2.88 cents (4Q ending 31 Mar 2017)